The Arab Monetary Fund (AMF) has provided technical assistance to the Central Administration of Statistics in the State of Kuwait to enhance financial and banking sector data by relying on administrative records as an alternative to traditional surveys.
This cooperation took place through a technical mission carried out during the first quarter of 2025, which focused on improving the accuracy and efficiency of financial data collection using information available from official entities such as banks and insurance companies.
As a result of these efforts, a reliable time series of financial sector data was developed, covering the period from 2019 to 2023. This contributes to supporting national accounts in line with the 2008 System of National Accounts (SNA) recommendations and enhances economic decision-making. The work processes and methodology were also documented to ensure continuous data updates in accordance with the revised approach.
This initiative aligns with the AMF’s broader strategy to enhance institutional capacities in member countries and support their adoption of international best practices in statistics and economic reporting.